5507 Cermak Rd

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Mixed-Use Gem on Cermak Road! Hair Salon + Apartment Combo with separate finished attic on 3rd level and 2 car brick garage! Mixed-Use property (Commercial + Residential). Commercial Space: Existing Hair Salon (Lease through February 2026) Residential Unit: 1-Bedroom Apartment Upstairs (Vacant ready for occupancy). 3rd Level/Attic (Vacant ready for Occupancy) 2-Car Garage Parking (rented month-to-month). Property Highlights: Prime Location on high-traffic Cermak. Road-ideal for visibility and walk-ins....Mixed-Use Gem on Cermak Road! Hair Salon + Apartment Combo with separate finished attic on 3rd level and 2 car brick garage! Mixed-Use property (Commercial + Residential). Commercial Space: Existing Hair Salon (Lease through February 2026) Residential Unit: 1-Bedroom Apartment Upstairs (Vacant ready for occupancy). 3rd Level/Attic (Vacant ready for Occupancy) 2-Car Garage Parking (rented month-to-month). Property Highlights: Prime Location on high-traffic Cermak. Road-ideal for visibility and walk-ins. Established Hair Salon on the ground floor with modern fixtures, shampoo stations, and styling chairs. Private Apartment upstairs featuring a spacious bedroom, full kitchen, and natural light. Separate Entrances for commercial and residential units. Updated Systems including HVAC, plumbing, and electrical. Zoned for Mixed Use, offering flexibility for owner occupants or investors. Neighborhood Perks: Surrounded by retail, restaurants, and public transit. Minutes from downtown Cicero and easy access to Chicago. Strong foot traffic and local clientele base. Ideal for entrepreneurs looking to live and work in one place.
  1. Listed by Spiro Georgelos • Standard Properties Group LLC
    P: (312)-593-6777 C: (312)-593-6777 spiro@spgchicago.com

Property Details for 5507 Cermak Road

Area
Cicero
Air Conditioning Type
Window Unit(s)
Zoning
OTHER
LISTING UPDATED: 01/18/2026 12:06 AM

Property Details for 5507 Cermak Road

StatusActive
MLS #12544569
Days on Market13
Taxes$8,405 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1913
Lot Size0.08 AC / 3,270 SF
CountyCook County

Location

Listing Courtesy of Standard Properties Group LLC
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Building Information for 5507 Cermak Road

Stories3Residences2Year Built1913Lot Size0.08 AC / 3,270 SF

Payment Calculator

$2,406 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,705

Property Taxes

$700

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5507 Cermak Road

General Information
Location and General Information
  • Geographic Locale: Southwest Suburban
  • Information: Show-Special Instructions
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • Flooring: Vinyl, Wood
  • # Of Washers: 2
  • Heat/Ventilation: Radiators
  • # Of Refrigerators: 1
  • # Of Dryers: 2
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Misc Outside: Enclosed Stairs,Patio,Security Gate
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 1-6 Years
  • Lot Dimensions: 25x125
  • Lot Size Square Feet: 3270.0
  • Stories: 3
  • Construction: Wood, Aluminum Siding
  • Roof Type: Composition
  • Fire Protection: Other
  • Roof Structure: Wood Joists
  • Foundation Details: Concrete Perimeter
  • # Of Offices: 0
  • # Of Ranges: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 29
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $100.00
  • Gross Income: $49,800.00
  • Gross Scheduled Income: $49,800.00
  • Insurance Expense: $278.00
  • Total Monthly Income: 4150
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $191.00

Property History for 5507 Cermak Road

DateEvent & SourcePriceAppreciation
Jan 12, 2026

Listed (Active)

MRED #12544569

$349,900
Jan 9, 2026

Cancelled

MRED #12485903

$359,900
Nov 4, 2025

Listed (Active)

MRED #12485903

$359,900
Oct 9, 2025

Contingent

MRED #12485903

Oct 2, 2025

Listed (Active)

MRED #12485903

$359,900
Mar 23, 2017

Sold (Public Record)

Public Record #591759763

$100,000
DateEvent & SourcePrice
01/12/2026

Listed (Active)

MRED #12544569

$349,900
01/09/2026

Cancelled

MRED #12485903

$359,900
11/04/2025

Listed (Active)

MRED #12485903

$359,900
10/09/2025

Contingent

MRED #12485903

10/02/2025

Listed (Active)

MRED #12485903

$359,900
03/23/2017

Sold (Public Record)

Public Record #591759763

$100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5507 Cermak Road

Taxable ValueLand$3,515Additions$20,484Total$23,999
Tax Record2023$8,119 ($677 / month)
Home Facts
Baths4.5Total Finished SqFt1,496 SqFtAbove Grade Finished SqFt1,496 SqFtStories2Lot Size3,270 SqFtStyleMulti-Family Res (5+ Units)Year Built1913CountyCOOKAPN16-28-100-017

Schools near 5507 Cermak Road

This home is within J S Morton Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9
Public - 10 to 12
Rating
School
Distance
Sherlock Elementary School
PublicPK to 6

Unity Jr High School
Public7 to 8

J Sterling Morton Freshman Center
Public9

J Sterling Morton East High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

Similar Sold Homes

5507 Cermak Road is a mixed use property for sale in Cicero, IL 60804. This property was listed for sale on January 12, 2026 by Standard Properties Group LLC, it's currently listed at $349,900. It has been on the market for a total of 13 days and was last sold on March 23, 2017. This listing's school districts are J S Morton Hsd 201 School District, Cicero School District 99. Nearby schools include Sherlock Elementary School, Unity Jr High School and J Sterling Morton Freshman Center. 5507 Cermak Road is a 0-bed, 0-bath, mixed use property built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Standard Properties Group LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/18/2026 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.